Dexcom (DXCM) Operating Expenses (2010 - 2026)
Dexcom (DXCM) posted quarterly Operating Expenses of $511.7 million for Q2 2026, up 7.45% year-over-year from $476.2 million in Q2 2025, and up 3.37% quarter-over-quarter from $495.0 million in Q1 2026.
Dexcom (DXCM) Operating Expenses (2010 - 2026) Analysis & Trends
Dexcom (DXCM) has reported Operating Expenses for 17 consecutive years, with $511.7 million the latest figure, recorded in Q2 2026.
- In Q2 2026, Operating Expenses rose 7.45% year-over-year to $511.7 million; the TTM figure through Jun 2026 stood at $2.0 billion (up 6.8% YoY), while the FY2025 annual figure was $1.9 billion, up 2.82% from the prior year.
- Operating Expenses grew to $511.7 million in Q2 2026 per DXCM's latest filing, from $495.0 million in the prior quarter.
- Across five years, Operating Expenses topped out at $511.7 million in Q2 2026 and bottomed at $346.7 million in Q3 2022.
- Historically, Operating Expenses has averaged $439.9 million across 5 years, with a median of $448.6 million in 2024.
- Annual changes were most pronounced in 2022 — Operating Expenses decreased 11.89% — and 2023, when it climbed 20.51%.
- Dexcom's Operating Expenses stood at $415.9 million in 2022, then advanced by 5.72% to $439.7 million in 2023, then climbed by 6.19% to $466.9 million in 2024, then gained by 0.6% to $469.7 million in 2025, then gained by 8.94% to $511.7 million in 2026.
- Business Quant data shows DXCM's Operating Expenses at $511.7 million in Q2 2026, $495.0 million in Q1 2026, and $469.7 million in Q4 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Abbott Laboratories | 199.90 Bn | 194.30 Bn | 7.27 Bn | 10.90 Bn |
| 2 | Stryker | 130.01 Bn | 126.54 Bn | 4.50 Bn | 2.84 Bn |
| 3 | Medtronic | 120.53 Bn | 111.31 Bn | 6.41 Bn | 3.59 Bn |
| 4 | Boston Scientific | 74.77 Bn | 74.24 Bn | 3.85 Bn | 2.67 Bn |
| 5 | Edwards Lifesciences | 52.74 Bn | 48.49 Bn | 1.35 Bn | 846.40 Mn |
| 6 | Dexcom | 34.74 Bn | 32.79 Bn | 830.00 Mn | 511.70 Mn |
| 7 | GE HealthCare Technologies | 33.78 Bn | 31.67 Bn | 2.18 Bn | 1.44 Bn |
| 8 | Koninklijke Philips | 26.43 Bn | 23.11 Bn | 4.55 Bn | -741.59 Mn |
| 9 | Steris | 23.15 Bn | 22.67 Bn | 684.20 Mn | 398.30 Mn |
| 10 | Zimmer Biomet Holdings | 19.43 Bn | 19.02 Bn | 1.54 Bn | 1.85 Bn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 511.70 Mn |
| Mar 31, 2026 | 495.00 Mn |
| Dec 31, 2025 | 469.70 Mn |
| Sep 30, 2025 | 488.90 Mn |
| Jun 30, 2025 | 476.20 Mn |
| Mar 31, 2025 | 455.30 Mn |
| Dec 31, 2024 | 466.90 Mn |
| Sep 30, 2024 | 441.80 Mn |
| Jun 30, 2024 | 468.70 Mn |
| Mar 31, 2024 | 460.80 Mn |
| Dec 31, 2023 | 439.70 Mn |
| Sep 30, 2023 | 417.80 Mn |
| Jun 30, 2023 | 418.30 Mn |
| Mar 31, 2023 | 415.40 Mn |
| Dec 31, 2022 | 415.90 Mn |
| Sep 30, 2022 | 346.70 Mn |
| Jun 30, 2022 | 372.50 Mn |
| Mar 31, 2022 | 356.80 Mn |
| Dec 31, 2021 | 472.00 Mn |
| Sep 30, 2021 | 328.60 Mn |